Certified Private Loans for Graduate Students

Certified private loans help supplement your other sources of financial aid, giving you the flexibility to cover up to 100% of your graduate school expenses. Our certified private loans come with zero up-front fees and a 2% Graduation Reward. That’s a 2% cash reward on your outstanding principal balance at graduation. And you won’t have to make any payments while you are enrolled in school at least half-time.

 

  • Variable interest rates from Prime plus 1.00% to Prime plus 7.75%, based on credit evaluation
  • 0.25% repayment interest rate reduction when payments are set up for automatic debit from a bank account

  • Zero origination fees
  • Zero default fees
  • Zero prepayment fees

  • Zero payments until 9 months after graduation or enrollment in school less than half-time
  • 20 year repayment period

  • 2% Graduation Reward based on your outstanding principal balance (see Graduation Reward Policy)

  • Loans up to 100% of your Cost of Attendance minus other aid, based on school certification

Eligibility criteria include:

  • You must be a U.S. citizen or a permanent resident with a Social Security number
  • A cosigner may be required (U.S. citizen or permanent resident with Social Security number)
  • You must pass a credit check (if a cosigner is required, your cosigner must also pass)
  • You must be enrolled in a graduate program and seeking a degree (eligible schools are listed in the online application)
  • You must be enrolled at least half-time to receive in-school deferment. If you are enrolled less than half-time, payments are required 6 months following less than half-time status
  • You must maintain satisfactory academic progress (SAP), as defined by your school
  • Identify a cosigner (if required)
  • Determine the amount you want to borrow
  • Have your Social Security number, driver’s license, cosigner information, and two additional references ready
  • Click the Apply Now button and follow the instructions to complete your application
  • We will check your credit (if a cosigner is required, we will check your cosigner’s credit)

You can check your loan status online at any time.
Access my account